GTLS Earnings Prediction
The chart below shows how GTLS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GTLS sees a -0.36% change in stock price 10 days leading up to the earnings, and a -2.94% change 10 days following the report. On the earnings day itself, the stock moves by +1.35%. This data can give you a slight idea of what to expect for the next quarter's release.
GTLS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.06B
18.33%
2.13%
Gross Margin
29.57%
16.74%
1.06%
Operating Margin
16.96%
33.02%
-1.68%
Net Margin
6.88%
429.23%
13.34%
EPS
1.33
1762.50%
20.91%
No Data Available
GTLS Earnings Analysis
Chart Industries, Inc. Corporation (GTLS.N) Earnings Conference Call
Positive
Free Cash Flow Generation: 1. Strong Free Cash Flow: Generated $174.6 million in free cash flow in Q3 2024 after $200.7 million of net cash from operating activities and $26 million in capital expenditures.
Record Sales Increase: 2. Significant Sales Growth: Achieved sales of $1.06 billion in Q3 2024, reflecting a 22.4% increase compared to Q3 2023, marking the first sequential sales increase from Q2 to Q3 in company history.
Adjusted Operating Income Surge: 3. Record Adjusted Operating Income: Reported adjusted operating income of $236 million in Q3 2024, a 53% increase compared to Q3 2023, with all segments contributing positively to operating income.
Gross Margin Improvement: 4. Increased Gross Margin: Reported gross margin of 34.1% in Q3 2024, an increase of 350 basis points compared to the same quarter last year, indicating improved operational efficiency.
Strong Future Growth Potential: 5. Robust Order Pipeline: Maintained a commercial pipeline of over $23 billion, with $1.95 billion in customer commitments not yet in backlog, showcasing strong future growth potential.
Negative
Specialty Products Order Decline: 1. Decline in Specialty Products Orders: Specialty Products orders decreased approximately 49% compared to Q3 2023, reflecting a significant drop in larger hydrogen-related orders from the previous year.
Decline in Cryo Tank Orders: 2. Weakness in Cryo Tank Solutions Orders: Cryo Tank Solutions orders fell 17.5% year-over-year, primarily due to a lack of repeat orders from the previous year and slowing demand in China.
Specialty Products Order Decline: 3. Sequential Decline in Specialty Products Orders: Specialty Products orders declined 44% sequentially compared to Q2 2024, driven by a record number of orders in the previous quarter that were not matched in Q3.
Adjusted EPS Decline Factors: 4. Negative Impact on Adjusted EPS: The adjusted EPS of $2.18 was negatively impacted by $0.15 due to foreign exchange losses and another $0.15 from a higher-than-expected tax rate, totaling a $0.30 reduction from potential earnings.
High Net Leverage Ratio: 5. Increased Net Leverage Ratio: The net leverage ratio stood at 3.04x as of September 30, 2024, indicating a higher debt level than the targeted range of 2x to 2.5x, which may hinder future financial flexibility.
GTLS FAQs
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GTLS Earning Call Sentiment
Chart Industries, Inc. (GTLS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GTLS.N
-2.7%Positive
The earnings call highlights strong financial performance with significant sales and margin improvements, despite some foreign exchange impacts. The company's guidance remains optimistic, with a robust pipeline and demand in most markets. The Q&A section reveals confidence in future growth and resilience to policy changes. However, management's lack of clarity on some issues slightly tempers sentiment. Overall, strong earnings and positive guidance suggest a stock price increase in the short term.
